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Business Insurance Articles

The Essential Guide to Liability Insurance for Freelancers
The Essential Guide to Liability Insurance for Freelancers
Liability insurance is a type of coverage designed to protect you from claims arising out of injuries or damages to other people or property. For freelancers, who often juggle multiple projects and clients, liability insurance can offer a safety net that reduces financial risk and instability. - read more
The Top 5 Risks Small Businesses Face and How to Mitigate Them
The Top 5 Risks Small Businesses Face and How to Mitigate Them
Running a small business can be both rewarding and challenging. One of the key challenges is the variety of risks that can arise unexpectedly. These risks can range from financial uncertainties to operational hiccups, each potentially impacting your business's success. Understanding these risks and preparing for them is crucial for the longevity and sustainability of any small enterprise. - read more
How to Assess Your Risk Exposure and Select the Right Indemnity Coverage
How to Assess Your Risk Exposure and Select the Right Indemnity Coverage
Professional indemnity insurance stands as a pivotal safeguard for Australian professionals navigating the intricacies of liability in their work life. This form of insurance is designed to protect professionals against legal costs and claims for damages arising from acts, omissions, or breaches of professional duty in the course of their practice. Whether it's due to an honest mistake or an unforeseen error, the ramifications of such professional oversights can be financially crippling. - read more
Critical Risk Management Strategies for Every Australian Tradesman
Critical Risk Management Strategies for Every Australian Tradesman
Welcome to the crucial world of risk management for Australian tradesmen. Whether you're a seasoned professional or just starting, understanding and mitigating the inherent risks in the trades industry is paramount to both the safety and sustainability of your business. This article intends to guide you through the world of risk management, emphasizing the pivotal role of liability insurance. - read more

Insurance News

Australian Insurers Face Growing Challenges in Risk Preparedness
Australian Insurers Face Growing Challenges in Risk Preparedness
22 Apr 2026: Paige Estritori
Recent findings from the PwC Insurance Banana Skins Survey reveal that Australian insurers are falling behind their global counterparts in terms of risk preparedness. The survey, which gathered insights from 698 insurance executives across 42 territories, indicates that Australian insurers scored 6.6% lower on the Preparedness Index compared to the global average. - read more
Rising Legal Costs Impact Small Business Insurance Affordability
Rising Legal Costs Impact Small Business Insurance Affordability
22 Apr 2026: Paige Estritori
Small businesses across Australia are facing significant increases in insurance premiums, with rates rising by up to 60% since 2019. The Insurance Council of Australia (ICA) attributes this surge to outdated liability laws, escalating legal costs, and regulatory complexities. - read more
Australian Commercial Insurance Prices Experience Significant Decline
Australian Commercial Insurance Prices Experience Significant Decline
22 Apr 2026: Paige Estritori
In the fourth quarter of 2025, Australian commercial insurance prices experienced a notable decline, with reductions of up to 20%. This trend reflects favorable market conditions that have emerged due to several key factors. - read more
Europ Assistance Australia Now Underwrites Its Own Travel Insurance Policies
Europ Assistance Australia Now Underwrites Its Own Travel Insurance Policies
21 Apr 2026: Paige Estritori
Europ Assistance Australia (EAA) has achieved a significant milestone by obtaining a general insurance licence from the Australian Prudential Regulation Authority (APRA). This development allows EAA to underwrite its own travel insurance products, marking a new chapter in its commitment to Australian travellers. - read more

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Proximate Cause:
The primary cause of loss in an insurance claim, which sets in motion a chain of events leading to the damage or injury.